Why Should You Buy Commercial Real Estate?
If you are considering buying commercial real estate for your own business (own instead of rent commercial space), you’ve come to the right place. We’re putting this video series together to help business owners decide whether they should invest in commercial real estate and become their own landlord. Commercial real estate investing can be daunting but we’ve broken the process down into bite-sized videos. This series is designed for commercial real estate beginners to buy their first property or help experts sharpen their skills.
This video is all about the “why” of buying commercial real estate. Firstly, consider the ugly math of how much you may pay in rent over the rest of your career. Take your monthly rent and multiply it by the months until your planned retirement. Are you happy about giving all that money away to someone else? Secondly, it depends on your market and loan terms but owning and leasing can sometimes be a similar expense. In short, you may pay the same amount to own vs rent and you get all the benefits.
Do you have questions about commercial real estate in Sacramento, California, or any other market? Give us a call today. We’d be happy to chat! Our wives are getting pretty tired of listening to us talk about office space so they could use a break.